Chicago - Beach Property For Sale #6977937

2 separate PIN. Currently 6 units 2 frame existing buildings. fully occupied. Approved 27-Unit development in highly desirable Old Town location of Chicago. The development will include four 2BR/2BA units, four 2BR/1BAunits, Ten 1BR/1BA units, and Nine Studios. Five of those units will be affordable units and Nine (9) deeded parking spaces can also be available(at additional expense). All units feature full HVAC, In-Unit Laundry & dishwashers. Currently the two buildings on-site have 143,460 in yearly income from apartment rentals and projected rental income once the development is completed of 652,704 per year. Prime location in Chicago's Old Town. The property sits just 500' from the Sedgwick CTA Brown & Purple Line Station, mere blocks to Lincoln Park and North Ave Beach, and steps to Wells Street with all of the trendy restaurants & shopping at your doorstep